Animal Fats – International

Trading out of Australia was quiet this week with no changes reported. Sources remarked that tight cattle kills, down 20% from last year, has tightened supply. This may be a common theme this year as many cattle farmers ran down their numbers last year and it will take some time to rebuild herd numbers.

New Zealand is quiet with the CNY casting a shadow over the market, but values are up NZ$5 – 10 based on…